£615,868
This estimated value is based upon the latest sale price for the house of £525,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
| Price Paid | Date |
|---|---|
| £525,000 | 28 Oct 2020 |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £525,000 results in an estimated price of approximately £615,868.
| 28 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £525,000 | £90,868 | £615,868 |
The Postcode Pricing Model uses changes in average sales price within the RM14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 51.524 % | £270,500 | £795,500 |
| 3 Month Average | -11.370 % | £-59,691 | £465,308 |
| 6 Month Average | -10.140 % | £-53,234 | £471,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £504,413 | £500,000 | 79 CORBETS TEY ROAD |
| 3 Jul 2023 | £304,093 | £300,000 | 31 SPRINGFIELD COURT SPRINGFIELD GARDENS |
| 24 Feb 2023 | £302,796 | £303,000 | 29 SPRINGFIELD COURT SPRINGFIELD GARDENS |
| 16 Jun 2022 | £392,547 | £387,000 | 31 BYRON MANSIONS CORBETS TEY ROAD |
| 13 Jun 2022 | £334,730 | £330,000 | 30 BYRON MANSIONS CORBETS TEY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Jul 2020. Using an estimated price of £615,869 means this house is valued at £6,919 per sq meter (£642 per sq foot).
The average size of a house on CORBETS TEY ROAD is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Bellmaker Mews | |
| Jan 2024 | Anti-social behaviour | On or near Bellmaker Mews | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Bellmaker Mews |
| Jan 2024 | Anti-social behaviour | On or near Bellmaker Mews | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bellmaker Mews |